Leading In A Changing World Business Essay

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In this report we will be discussing the topic of leadership, transformational leadership and a detail of its components. Along with this there is an analysis of the feedback received by members within the group which are basically the strengths & weaknesses of each individual in the group and how we will have to maintain our strengths and overcome from our weaknesses.


The process of influencing others to understand and agree about what needs to be done and how to do it

And the process of facilitating individual and collective efforts to accomplish shared objectives. (YUKL, 2010:26)

It's an art of motivating a group of people to act towards achieving a common goal.

Put even more simply, the leader is the inspiration and director of the action. He or she is the person in the group that possesses the combination of personality and skills that makes others want to follow his or her direction.

In business, leadership is welded to performance. Effective leaders are those who increase their company's' bottom lines.

To further confuse the issue, we tend to use the terms "leadership" and "management" interchangeably, referring to a company's management structure as its leadership, or to individuals who are actually managers as the "leaders" of various management teams.

To be effective, a leader certainly has to manage the resources at his/her disposal. But leadership also involves communicating, influencing, inspiring and supervising - just to name four more of the main skills a leader has to have to be successful as a leader in the corporate world.


Features of a Leader:

A Leader of a group relates the group members to a common purpose.

Leaders are made especially for conducting tasks that are high in complexity and have many interdependent subtasks.

Motivating its group members through its skills like influencing, motivating, communicating, listening and other leadership features.

Leaders motivate followers to work for the goals that go beyond self-interest.

Leaders arouse emotions in their followers which motivates them to act beyond the framework.

Leadership is proactive and forms new expectations in followers.

Leadership creates learning opportunities for their followers and stimulate followers to solve the problems.

Leaders possess good visioning and management skills, to develop strong emotional relation with the group members.

Kinds of Leadership

Formal Leadership - Appointed in the Hierarchy by the management.

Informal Leadership - Exercises influence but is not in formal position; can initiate or block action.

Transformational Leadership

"Transformational Leadership is a process of engendering motivation and commitment, creating a vision for transforming the performance of the organisation, and appealing to the higher ideals and values of followers". LAURIE J MULLINS

Being a Transformational Leader, an individual should keep the following things in mind:

Each individual is different.

Followers' have different needs & show different levels of potential.

You need to develop higher levels of potential.

It cannot be achieved by showing the same level of attention.

You should take special care of each individual follower's need for achievement and growth.

Provide supportive environment.

Have clear two-way communication in understanding their concerns.

Develop your follower by delegating tasks.

Increases follower's confidence and morale.

Riggio, R.E. (2009, March 24). Are you a transformational leader. Psychology Today. http://blogs.psychologytoday.com/blog/cutting-edge-leadership/200903/are-you-transformational-leader

There are four components of transformational leadership:

1. Idealized Influence.

2. Inspirational Motivation.

3. Intellectual Stimulation.

4. Individualized Consideration.

These are also referred as four I's of Transformational Leadership. These components are briefly described below-

Idealized Influence

Influence is the first and the most important outcome of all leadership qualities. The stress on influence is more with the word 'Idealized'.

As a Transformational Leader,

You should have the capability to become the role model for your group members.

You are respected & admired by your followers.

The group members have a separate place for you in their heart.

You have an absolute trust on your followers and they also have it for you.

Your followers understand that you have great potential and determination which will take them to higher levels.

You are having the willingness to take risks and be consistent.

In any situation, you show high standards of conduct.

Burns, J.M. (1978). Leadership. N.Y: Harper and Raw.

Inspirational Motivation:

One or the other way, Inspiration and Motivation are always part of leadership. We know about Inspiration and motivation separately and they are used interchangeably. There is a slight difference in these two things and is described below.

Motivation really comes down to inspiration.

Since motivation comes from within, it is a form of self-inspiration.

This process is nurtured by watching others achieve their goals.

Mostly it is developed by following the example of leaders who do the right thing for people.

Communicate frequently and sacrifice for others are some of the key things to motivate and inspire the followers.

Bass,B. M,(1985). Leadership and Performance. N. Y,: Free Press.

Intellectual Stimulation:

Intellectual Stimulation is defined as the natural inner revert of an individual because of the gestures and expressions showed to him in his performance.

It is a dual aspect component because the expressions can either be positive or negative depending upon his/her performance which ultimately affects the individual morale.

Intellectual Stimulation includes the following factors:

It deals with stimulating follower's analytical skills and problem solving ability.

Everyone has the skill to analyze problems in their hand.

Each one has a different approach to an issue.

As a Transformational Leader, you need to allow followers' to come up with their solution for the same problem.

If the issue is not understandable you can help them to re-frame it.

Encourage them to approach old issues with new methods to come up with meaningful output. 

Encourage their creativity and innovation.

Don't criticize or don't pass comments in public.

Individualized Consideration:

It is a component that includes an important issue for a leader of any organization. The efforts of every individual should be considered equally as others without any Bias because it is an important thing that helps the team members to build trust on each other.

If the contribution of a follower is not considered by the leader then it will badly effect the overall objective of the group or organization because a sense of dishonored and it keeps in the mind of that individual.

Leadership Perspective.

Traits Approach


Functional Approach


Leadership Behaviour


Leadership Styles and Impact


Situational Leadership


Transformational Leadership


Inspirational Leadership

















Very Good













Very Good


Very Good

On the basis of the above Peer feedback for the various components of the Transformational Leadership, there are some strengths and some weaknesses that came into my knowledge and should be considered to become a successful leader in the global world of business.

Below is the brief analysis of the Feedback:



Good: 3

Satisfactory: 1


VIEWS: Quiet GOOD in influencing people or the followers but in a different situation it got affected and if the situation is not suitable then I got confused and nervous



Good: 3

Satisfactory: --


VIEWS: Quiet GOOD in Motivating people or the followers but in a different situation it got affected but I try my level best to motivate my group members



Good: -

Satisfactory: 2


VIEWS: I need to focus on this weakness in order to be a good Leader in an organisation because I don't teach lessons from whatever I experienced. There is a lack of competency which is not required in the corporate world.



Good: 1

Satisfactory: 1


VIEWS: I mostly consider the efforts made by any member of the group and my gestures and expressions are quiet good sometimes that motivates and inspires the follower to work hard in future and give his best to the group and the organisation. But if the situation changes my reaction also changes which is not a good thing from the point of an organization.

NOTE: All the views are described from the point of view of the Group members and friends.


It is concluded that the Leadership qualities are an important part of an individual person who is engaged in Leading groups because they are the key skills that should be present in a person to become a successful Leader.

The Transformational Leadership comprise of four Components which are also known as the 4 I's of transformational Leadership i.e. Idealized Influence, Inspirational Motivation, Intellectual Stimulation, Individualized Consideration.

We also have a look on the Leadership perspective which gives an easy and meaningful information about the various aspects of the Leadership.

The Peer Feedback is given by the Group Members and which clearly helps me in knowing exactly about me through other's eyes. This Feedback helped in knowing my strengths and weaknesses that should be repaired before going to the business world. The open views of friends also helped me a lot in knowing ma weaknesses because there is an informal communication with them and they are open with me.

Therefore, this report clearly describes the various aspects of Leading in a Changing world. Leadership, kinds of leadership, features of leadership, Transformational Leadership, its components, Peer feedback of the group members, etc.